Answer: The effect will be that the results will be distorted by registering a gain in the incorrect period, since 3 months correspond to the current year, from October-December and the rest corresponds from January-March of the following year.
The correct way to record these 3 months is as a liability (deferred income) when the income is realized they are taken to the income statement.
Answer:
c) Sociocultural
Explanation:
The attidudes of Spanish consumers towards autonomous cars are mainly influenced by sociological and cultural factors, in other words, they belong the sociocultural dimension of PESTEL.
Some of these factors may be: opennes to experience, education level of the population, demographic structure, income distribution, prevailing ideas or ideology in the populace, and so on.
These are the factors that Jon should look closely to in order to determine as objectively as possible the consumer attidue towards autonomous cars, so that he can decide whether or not to start this type of business.
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The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.
<h3>What is the impact of minimum wage on goods?</h3>
When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.
The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.
Based on research, an increase in minimum wage raises prices by 4 percent in the economy.
Read more on minimum wage here:brainly.com/question/1461885
Answer:
d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.
Explanation:
- Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
- Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
